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2.Company ABC has a TV division and a PC division. The following information relates to last year's operations at each division. The minimum required rate

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2.Company ABC has a TV division and a PC division. The following information relates to last year's operations at each division. The minimum required rate of return is the same for both divisions. TV PC Sales $30,000 (d) Average operating assets $30,000 (e) Net operating income (a) $20,000 Residual Income $3,000 () Margin (b) 5% Turnover (0) 5 Return on investment (ROI) 20% (g) Company ABC tracks the time of processing orders. The average times were recorded as follows: Queue Time 5 hours Inspection Time 1 hour Process Time (h) Move Time 3 hours Wait Time 5 hours 0.5 Manufacturing Cycle Efficiency Delivery Cycle Time Value-added Time 0 0 Compute the unknown quantities above f(a) through G) SHOW YOUR COMPUTATIONS. (10 marks)

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